@jukan05 Sounds like FUD to me. Unless if its something being requested pre Xi meeting to discuss.
If so I hope its just Innolight or Eoptolink maybe getting a exemption. Dont think this is legit though and again just FUD to pump their markets or someone trying to FUD ours to buy cheap.
@SlateBridge1 For me it matters a little kess because I'll hold the stock for a while yet. 180 is psychological for many, fundamentally it shouldn't go any lower than that unless something big happens. If your common stock, no point selling now just wait. If options depends expiry
@ren_stocks I've been watching the 550 level since it broke down under it semi recent, and watch it bound around that area before being rejected.
wonder whether the rotation slowly out just has to run its course whilst we get used to higher for longer inflation, before we restart here.
@RosannaInvests I don't think they will. The hawkish tone may never be believed again if they don't though... It will be too obvious (if it isn't already..) what the Feds approach is (talk tough, let market do the hard work and we have more rope for future hikes if it gets worse).
@Brownmoose Not gambling, but I am long Credo and suspect along with $LITE will be a great performer the next 12 months.
It would "feel" a bigger gamble than even pre $LITE earnings though if you were trading. $220 is a common price point for $CRDO . Its a mature quality company, not a $AAOI
@TW_trades_ I actually think you'll be ok. Im sure they will tell something Marvellous about Jalepino and Amazon maybe. $AVGO already got the beatdown lol.